Global Healthcare E-Commerce Market - 2023-2030
Global Healthcare E-Commerce market reached US$ XX million in 2022 and is expected to reach US$ XX million by 2030, growing at a CAGR of XX% during the forecast period 2023-2030.
E-commerce has proven to be highly beneficial for the healthcare industry as it allows for various services to be offered online such as patient care, electronic healthcare record management, healthcare-related retail, and e-medical services. The significant impact of eCommerce on healthcare has resulted in improved efficiency and ease of access to medical services, leading to a healthier and happier population in many countries.
Market Dynamics: Drivers & Restraints
Market Developments
With the increasing market developments in the industry, it is expected that there will be a boost in global market growth during the forecast period. For example, HealthNet Global launched an eCommerce website in November 2022, which is dedicated to guiding patients towards the best supplies to treat their Obstructive Sleep Apnea (OSA). The launch of the eCommerce website is in line with the comprehensive sleep solution program ""Good Nidra,"" which was launched earlier this year by the health-tech company. In September 2023, First Dollar, an infrastructure for health spending benefits, announced its collaboration with Health-E Commerce to simplify the shopping experience for people enrolled in flexible spending accounts (FSAs) and health savings accounts (HSAs). The integration of new, patent-pending technology solutions from Health-E Commerce, parent brand to FSA Store and HSA Store, creates a frictionless shopping experience for Health Wallet users..
Stringent Regulations
However, the healthcare e-commerce industry faces challenges such as stringent regulations laid by the government on data security and adherence difficulties with regulatory bodies. These are the most noteworthy hindrances to the industry's growth and progress.
Segment Analysis
The global healthcare E-commerce market is segmented based on type, application, end user and region.
Drug Type is Expected to Dominate Market
The drug type segment is expected to hold the majority of the global market share during the forecast period due to increasing market developments. In 2023, Alibaba launched a new online pharmacy called Tmall Health, offering a wide range of prescription drugs and medical devices. Alibaba is also investing in artificial intelligence and other technologies to improve its healthcare offerings. Cardinal Health also launched modern payment solutions, powered by Square, to help independent pharmacies increase operational efficiency, stay current with customer payment preferences, and access integrated software tools for their business.
Geographical Analysis
North America is Expected to Dominate the Global Market
North America is expected to dominate the global market during the forecast period due to the presence of key market players in the region holding the majority of the global market share through distinct market shares. In 2023, eBay, a US-based e-commerce company, acquired CareDash, a popular online healthcare marketplace. The acquisition will give eBay access to CareDash's large user base and its network of healthcare providers. Additionally, Walmart, a US-based corporation, invested $3 billion in its healthcare business over the next three years. The investment will be used to expand Walmart's pharmacy network, develop new telehealth services, and improve its online healthcare offerings.
COVID-19 Impact Analysis
The COVID-19 crisis has accelerated the expansion of e-commerce towards new firms, customers, and types of products. As a result, customers now have access to a significant variety of products from the convenience and safety of their homes, and firms have been able to continue operations despite contact restrictions and other confinement measures. The pandemic has highlighted the importance of e-commerce in providing a safe and efficient way for customers to access essential goods and services, including healthcare. This has led to increased investment and innovation in the healthcare e-commerce industry, resulting in new and improved services for customers. The expansion of e-commerce is expected to continue in the post-pandemic era, providing customers with more options and convenience, and driving growth in the global healthcare e-commerce market.
Market Segmentation
By Type
• Drug
• Medical devices
By Applications
• Telemedicine
• Caregiving Services
• Medical Consultation
• Others
By End User
• Hospitals
• Clinics
• Others
By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• In July 2022, Amazon acquired the primary care organization One Medical in a deal valued approximately at $3.9bn, observing another expansion for the retailer into healthcare services.
• In October 26, 2023, Dr. Reddy’s Laboratories Ltd. launched its first direct-to-consumer (D2C) e-commerce website ‘Celevida Wellness’ for diabetes patients by its wholly-owned subsidiary, Svaas Wellness Limited.
• In April 2022, Lifesupply Health Supplies Inc, a Canada-based medical supplies corporation, completed the acquisition of Smart Move Medical for an undisclosed amount.
Competitive Landscape
The major global players in the market include Amazon, Alibaba Group Holding Ltd., EBay Inc., Remdi SeniorCare, CVS Health, MedLife, Netmeds, Doc Morris, Kroger Co. and McCabes Pharmacy.
Why Purchase the Report?
• To visualize the global healthcare E-commerce market segmentation based on type, application, end user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of healthcare E-commerce market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global healthcare E-commerce market report would provide approximately 77 tables, 80 figures and 189 pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
- 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Definition and Overview
- 3. Executive Summary
- 3.1. Snippet by Type
- 3.2. Snippet by Application
- 3.3. Snippet by End User
- 3.4. Snippet by Region
- 4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Market Developments
- 4.1.1.2. XX
- 4.1.2. Restraints
- 4.1.2.1. Stringent Regulations
- 4.1.2.2. XX
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis
- 5. Industry Analysis
- 5.1. Porter's Five Force Analysis
- 5.2. Pricing Analysis
- 5.3. Regulatory Analysis
- 5.4. Patent Analysis
- 5.5. Unmet Need
- 5.6. SWOT Analysis
- 5.7. DMI Opinion
- 6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID
- 6.1.2. Scenario During COVID
- 6.1.3. Scenario Post COVID
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
- 7. By Type
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2. Market Attractiveness Index, By Type
- 7.2. Drug*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Medical devices
- 8. By Application
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 8.1.2. Market Attractiveness Index, By Application
- 8.2. Telemedicine*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Caregiving Services
- 8.4. Medical Consultation
- 8.5. Others
- 9. By End User
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 9.1.2. Market Attractiveness Index, By End User
- 9.2. Hospitals*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Clinics
- 9.4. Others
- 10. By Region
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 10.1.2. Market Attractiveness Index, By Region
- 10.2. North America
- 10.2.1. Introduction
- 10.2.2. Key Region-Specific Dynamics
- 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.2.6.1. U.S.
- 10.2.6.2. Canada
- 10.2.6.3. Mexico
- 10.3. Europe
- 10.3.1. Introduction
- 10.3.2. Key Region-Specific Dynamics
- 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.3.6.1. Germany
- 10.3.6.2. UK
- 10.3.6.3. France
- 10.3.6.4. Italy
- 10.3.6.5. Spain
- 10.3.6.6. Rest of Europe
- 10.4. South America
- 10.4.1. Introduction
- 10.4.2. Key Region-Specific Dynamics
- 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.4.6.1. Brazil
- 10.4.6.2. Argentina
- 10.4.6.3. Rest of South America
- 10.5. Asia-Pacific
- 10.5.1. Introduction
- 10.5.2. Key Region-Specific Dynamics
- 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.5.6.1. China
- 10.5.6.2. India
- 10.5.6.3. Japan
- 10.5.6.4. Australia
- 10.5.6.5. Rest of Asia-Pacific
- 10.6. Middle East and Africa
- 10.6.1. Introduction
- 10.6.2. Key Region-Specific Dynamics
- 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 11. Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Market Positioning/Share Analysis
- 11.3. Mergers and Acquisitions Analysis
- 12. Company Profiles
- 12.1. Amazon, Inc.*
- 12.1.1. Company Overview
- 12.1.2. Product Portfolio and Description
- 12.1.3. Financial Overview
- 12.1.4. Key Developments
- 12.2. Alibaba Group Holding Ltd.
- 12.3. EBay Inc., Inc.
- 12.4. Remdi SeniorCare
- 12.5. CVS Health
- 12.6. MedLife
- 12.7. Netmeds
- 12.8. Doc Morris
- 12.9. Kroger Co.
- 12.10. McCabes Pharmacy
- LIST NOT EXHAUSTIVE
- 13. Appendix
- 13.1. About Us and Services
- 13.2. Contact Us
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